Financial advice including wealth creation, insurance and lending services
Diversifying Accountancy Services – Why? The survey undertaken by Accounting Market Pulse in May 2021 indicated that only 5% of the accounting firms that were surveyed reported that they “will not be diversifying services in the next few years”. This is exciting news...
The ATO is continuing its program to weed out the mis-use of SMSF Auditor Numbers (SAN) where tax agents are in effect masquerading as auditors. The ATO mailed the 2018 annual returns to registered SMSF auditors requesting a SAN confirmation check and this resulted in...
ATOmate and Nimbus Portal Solutions announce comprehensive integration to streamline ATO document processing and administration. ATOmate have announced their latest integration with Nimbus Portal Solutions, which will significantly reduce the administrative burden of...
For many years, directors of most for-profit private entities have enjoyed the liberty of determining the type of financial statements they will prepare for an entity. The discretion to prepare an often much less detailed set of Special Purpose Financial Statements...
A fairly common problem that I’m sure retailers have discussed with you, as their accountant, is “Why, if we’re selling so much product, aren’t we making a profit?” Sound familiar? My suggestion on your response to your client is as follows: To answer this question we...
It’s been a year of learning, change, and adaptation; particularly for how we run our businesses. For many, it’s been the first time we’ve had to work remotely for more than a day or two, quickly re-jigging processes and systems to enable entire teams to keep things...
Much of the world has experienced some sort of shutdown this year, with governments implementing financial support strategies to keep their economies from slipping into a recession amid the COVID-19 pandemic. Australia was no exception, with support packages such as...
